European colonialism was the best thing that ever happened to the third world.
— Peter St Onge, Ph.D. (@profstonge) November 19, 2025
There's actually a famous paper on this by Nobel Laureate Daron Acemoglu: Colonial Origins of Comparative Advantage. In short, the longer you were a colony the richer you are today.
Concretely, Hong… https://t.co/6MOcbeaek5
Showing posts with label Ph.D. (@profstonge) November 19. Show all posts
Showing posts with label Ph.D. (@profstonge) November 19. Show all posts
Wednesday, November 19, 2025
PETER ST ONGE: European colonialism was the best thing that ever happened to the third world.
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